Ferro Corp. (FOE) Tops Q2 EPS by 7c

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Go back to Ferro Corp. (FOE) Tops Q2 EPS by 7c

Ferro Reports Increased Earnings for Second Quarter 2016 Driven by Higher Sales and Gross Profit Margins

July 27, 2016 4:16 PM EDT

Second-quarter net sales increased by 11.1% to $298 million On a constant currency basis, net sales increased by 14.6% Reported second-quarter diluted EPS from continuing operations increased to $0.29 from $0.14 Adjusted second-quarter diluted EPS from continuing operations increased 70% to $0.34 from $0.20 Gross profit margin expanded to 33.0% from 28.9% Company raises 2016 adjusted EPS guidance on strong second-quarter results

CLEVELAND--(BUSINESS WIRE)-- Ferro Corporation (NYSE: FOE, the Company) today reported results for the second quarter ended June 30,... More